Bostic, North Carolina Electric Utility

About Bostic, North Carolina Electric Utility

Bostic, North Carolina Electric Utility supplies electricity in Bostic, North Carolina. The company has a total of 203 electricity customers. There are 21 commercial customer accounts and 182 residential accounts. The average residential electricity rate for customers of Bostic, North Carolina Electric Utility is around 13.85 cents per kilowatt hour. This is 12.13% less than the nationwide average rate of 15.76 cents, resulting in the supplier ranking 1597th best for average electricity rate out of 2892 providers in the nation. Of the 3,734 megawatt hours Bostic, North Carolina Electric Utility sold and dispossessed, 3,245 were from sales to end users. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. They made a total of $393,800 for 2019 through electricity sales to retail consumers.

The North Carolina average monthly residential electric bill is $137.61, while the Bostic, North Carolina Electric Utility average is 4.87% more at $144.2 per month. Bostic, North Carolina Electric Utility is the 55th ranked company in the state for average monthly bill amount. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers.